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7040 S Franklin Rd - 7040 S. Franklin Road 5 Acres of Commercial Land Offered at $999,000 in Indianapolis, IN 46259
Investment Highlights
- Close proximity to Kroger/retail development in Franklin Township
- Fast growing area with significant number of rooftops under development
Executive Summary
POTENTIAL USES:
Senior Housing, Retail, Multi Family,
Medical Office
Senior Housing, Retail, Multi Family,
Medical Office
Property Facts
| Price | $999,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | DA - Residential - City is open to a rezone to a commercial use. | ||
| Price | $999,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.00 AC |
| No. Stories | 1 |
| Zoning | DA - Residential - City is open to a rezone to a commercial use. |
1 Lot Available
Lot
| Price | $999,000 | Lot Size | 5.00 AC |
| Price Per AC | $199,800.00 |
| Price | $999,000 |
| Price Per AC | $199,800.00 |
| Lot Size | 5.00 AC |
Franklin Township is rapidly growing and this parcel is prime for development. Situated on Franklin road just south of the new Kroger development, this 5 acre parcel offers ample room for commercial development. Apartments are being developed across
Description
development. Situated on Franklin road just south of the new Kroger development, this 5 acre parcel offers ample room for commercial development. Apartments are being developed across the street as
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Property Taxes
| Parcel Number | 49-16-18-121-004.000-300 | Improvements Assessment | $396,600 |
| Land Assessment | $60,000 | Total Assessment | $456,600 |
Property Taxes
Parcel Number
49-16-18-121-004.000-300
Land Assessment
$60,000
Improvements Assessment
$396,600
Total Assessment
$456,600
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